Workflow
Johnson Fistel, PLLP Assessing Board Fiduciary Duty Breaches in the IAS Go-Private Merger

Group 1 - Johnson Fistel, PLLP has initiated an investigation into the board members of Integral Ad Science Holding Corp. (IAS) regarding potential breaches of fiduciary duties related to the proposed sale to Novacap [1] - The proposed acquisition price is $10.30 per share, which is significantly lower than the average Wall Street analyst price target of $13.04 per share, with some targets reaching as high as $18.00 per share [7] - IAS's initial public offering was priced at $18.00 per share, indicating that the proposed sale undervalues the company [7] Group 2 - Shareholders who believe the proposed deal undervalues their investment are encouraged to join the investigation [3] - Johnson Fistel, PLLP is recognized as a leading law firm in securities fraud and investor rights, with a history of recovering significant amounts for clients [5] - The firm has been ranked among the Top 10 Plaintiff Law Firms in 2024, having recovered approximately $90.725 million for clients in various cases [5]